5 Minute Bookkeeping

AUGUST 8, 2023

It is tracking personal bank and credit card accounts within QuickBooks Online. Personal accounts should not be connected to the QBO bank feeds. For sole proprietors in the US, record any personal expenses to Owner’s Draw or an equivalent account. Ask your client whether the accounts are business or personal accounts.

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Cloud Accounting Podcast

APRIL 3, 2019

02:09 -- New usage rules for Intuit's popular accounting software could mean some customers will need to move to a pricier plan. 06:26 -- The next "QuickBooks With Live Bookkeeping" test is up and running. 15:50 -- Cathy Iconis lays out the basics of what you need to do to start your own virtual bookkeeping business.

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5 Minute Bookkeeping

DECEMBER 19, 2023

In today’s digital age, there are numerous free and low-cost apps available that can help you manage your bookkeeping business effectively. Let’s go over the best free and low cost apps for bookkeepers. Accounting Software My number 1 app is QuickBooks online accountant. A second option is Wave Accounting.

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5 Minute Bookkeeping

APRIL 20, 2023

I can empathize because I have been there, frozen with fear and scared out of my mind when I first started my virtual bookkeeping business. ” Bookkeeping clients don’t expect you to know everything. If so, you’re not alone. It’s normal to have fears about the future. But don’t worry, there is hope.

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Bookkeeping Virtual Bookkeeping QuickBooks Tax 52

Less Accounting

MARCH 16, 2023

How Much Does a Bookkeeper Cost Accounting is probably not your favorite part of your business. Even if you are a solopreneur, freelancer, or small business owner, you may need to look into how much a bookkeeper costs and if you are ready to outsource bookkeeping to a professional.

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Remote Quality Bookkeeping

JUNE 24, 2024

They have to be very knowledgeable in the tax field, on top of being able to balance bank statements, process payroll, accounts receivable and payable as well as many more tasks. Why not pay RQB one low rate to do the job of payroll, accounting and so many more. And that comes with the downsides of adding another person to staff.

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Bookkeeping Virtual Bookkeeping Payroll Bookkeeping Services 52

Stephanie Peterson

JULY 5, 2022

Depending on which version of QuickBooks Online you select for your company, you can have up to 25 simultaneous users on your account. This allows your accountant to efficiently assist you so that no information is lost from file transfers. Are you looking for a trustworthy accountant to manage your books?

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Remote Quality Bookkeeping

MAY 27, 2024

A bookkeeper handles the day-to-day tasks such as new hire paperwork, submitting invoices, paying the bills, etc. They must make sure that every penny is accounted for so that when it is time to file taxes, all of the information is recorded correctly and is not questioned by the IRS.

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Remote Quality Bookkeeping

JUNE 24, 2024

Money flow It is important to know where your money is going so that you have enough money in your bank account when you need something important. An accountant go a long ways in ensuring that your business is taking care of everyone, owner down. Just get payroll services now. Don’t wait any longer. Call us today.

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Remote Quality Bookkeeping

NOVEMBER 16, 2023

They only imagine the ideal scenario in which customers love their product or services, employees are loyal and trustworthy, payroll and benefits flow smoothly, and their bank account grows continuously year after year. Remote Quality Bookkeeping wants your business to be protected from fraud.

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Remote Quality Bookkeeping

NOVEMBER 16, 2023

They only imagine the ideal scenario in which customers love their product or services, employees are loyal and trustworthy, payroll and benefits flow smoothly, and their bank account grows continuously year after year. Remote Quality Bookkeeping wants your business to be protected from fraud.

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Bookkeeping Side Hustle

NOVEMBER 26, 2021

Xenett Autoreview, An Intelligent Clean-up Tool for Accountants and Bookkeepers Register for this demo with Xenett, an intelligent clean up tool for accountants and bookkeepers. Related Articles Ready to start your virtual bookkeeping journey? Get the Bookkeeping Side Hustle Guidebook.

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5 Minute Bookkeeping

MAY 26, 2022

It was certainly one of the areas that I struggled with the most while growing my virtual bookkeeping business. Keep reading or click on the video linked below and I’ll share the biggest pricing mistakes that I have made in my bookkeeping business, and the very valuable lessons that I have learned.

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Bookkeeping Virtual Bookkeeping Bookkeeping Services Deposits 52

LedgerDocs

JUNE 2, 2023

Software such as LedgerDocs or Quickbooks, are specifically designed to be simple and make bookkeeping accessible even to the newest virtual bookkeepers. Includes Automation and Integration: Efficiency is key when it comes to bookkeeping. It will eliminate the need for large file-rooms with decades worth of documentation.

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Bookkeeping Bank Reconciliation Virtual Bookkeeping Data Entry 80

Stephanie Peterson

FEBRUARY 17, 2022

One company exempt from this rule is Zelle because it facilitates messaging between financial institutions and doesn't put holds on accounts or handle the settlement of funds; therefore, they are not required to send out 1099-K's. are excluded. This new law will apply to 2022 and beyond.

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Remote Quality Bookkeeping

JUNE 11, 2024

I could only get so far before I had questions or issues with the next steps, so I’d be calling my accountant or doing internet searches for answers. RQB : What has been the most valuable element of going the cloud bookkeeping route? Rosemary McLaughlin : I was pretending to do it myself in those first 6-8 months after opening.

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Stephanie Peterson

JULY 4, 2022

This is much less likely to happen when hiring domestic accounting firms and virtual assistants who complete the work themselves and who also don't seek to outsource their clients' work to others. Are you looking for a trustworthy accountant to manage your books? With that being said, most need little to no training.

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Stephanie Peterson

SEPTEMBER 8, 2021

They will also need to see check details for all checks written from any business checking accounts for the dates requested. A company's assets should be recorded in the books, which is something that many small businesses neglect; therefore, you should provide your bookkeeper with any necessary purchase agreements or receipts.

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Stephanie Peterson

NOVEMBER 14, 2021

Your Accounts Aren't Reconciled It is crucial to make sure accounts are reconciled before filing your taxes. You Have Negative Asset or Liability Accounts When a negative liability appears on the balance sheet, it indicates that a company paid out more than the amount required for the liability.

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Less Accounting

FEBRUARY 16, 2023

Every business owner sooner or later reaches the point when investing in bookkeeping services can no longer be avoided. However, that doesn’t have to be a hassle because you can hire a virtual bookkeeper and get it all done without leaving your office space. What Is Virtual Bookkeeping?

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Remote Quality Bookkeeping

JANUARY 12, 2023

Our franchise bookkeeping services will help you stay organized and stress-free while managing all of your franchises. For more information, call Remote Quality Bookkeeping. Our Experts Are Ready Book your free demo today to learn how a virtual bookkeeper can save you time and money for your business.

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5 Minute Bookkeeping

SEPTEMBER 13, 2023

5: Lack of Differentiation A good way to differentiate yourself from other bookkeepers is to specialize in accounting software like QuickBooks Online. If your a bookkeeper looking for more resources, sign up for my free Virtual Bookkeeper’s Toolbox. They want to save time and be profitable.

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Bookkeeping Virtual Bookkeeping QuickBooks Financial Reporting 52

Stephanie Peterson

SEPTEMBER 21, 2021

Commingling Business and Personal Accounts Let's face it; it is not good business practice to blend business and personal finances. Creating a separate bank account for your business will make it easier to identify the difference between personal and business expenses and help your case if the IRS ever audits your business.

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Stephanie Peterson

SEPTEMBER 13, 2021

Typically this occurs due to having insufficient time, an amateur bookkeeper, or failed efforts. By maintaining your books regularly, reviewing reports, and reconciling your accounts at the end of each month, you can avoid bookkeeping disasters. This process helps identify bookkeeping errors and duplicated entries.

Bookkeeping 52

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Stephanie Peterson

JUNE 24, 2022

Some of these changes can include tightening your accounts receivable timeline or reducing your response time regarding your sales cycle. Are you looking for a trustworthy accountant to manage your books? Lean operations are key when you have fewer resources to run your business and earn income.

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5 Minute Bookkeeping

OCTOBER 4, 2023

Today, I’ll go over ChatGPT for bookkeepers and how to become a marketing machine in 3 steps. Step 1: Create an Account Let’s start with step one, we’ll need to set up a ChatGPT account. For more great resources to help you and your business grow, sign up for my free Virtual Bookkeeper’s Toolbox.

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Remote Quality Bookkeeping

NOVEMBER 16, 2023

Our remote payroll services for small business takes this task off of your plate, while seamlessly integrating with your current accounting system. Our Experts Are Ready Book your free demo today to learn how a virtual bookkeeper can save you time and money for your business. Contact RQB today !

Payroll 52

Payroll Virtual Bookkeeping Bookkeeping Deposits 52

Remote Quality Bookkeeping

NOVEMBER 16, 2023

Our remote payroll services for small business takes this task off of your plate, while seamlessly integrating with your current accounting system. Our Experts Are Ready Book your free demo today to learn how a virtual bookkeeper can save you time and money for your business. Contact RQB today !

Payroll 52

Payroll Virtual Bookkeeping Bookkeeping Deposits 52

Stephanie Peterson

JUNE 23, 2022

Are you looking for a trustworthy accountant to manage your books? If so, contact me today ; I would be happy to assist you!

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5 Minute Bookkeeping

OCTOBER 28, 2021

Many businesses are switching to virtual offices, which opens up new challenges and exciting opportunities for accountants and bookkeepers. There are a few essentials you will need to know if you are ready to successfully make the switch to working virtually. Accounts payable: Melio. Receipt capture: Dext.

Bookkeeping 52

Bookkeeping Virtual Bookkeeping QuickBooks Accounts Payable 52

Stephanie Peterson

JULY 21, 2022

Due to a lack of knowledge of proper accounting procedures and regulations, many small business owners often make costly bookkeeping errors in their early years of operation. Here are 5 of the most common bookkeeping mistakes small business owners make. All in all, bookkeeping is best to be left to accounting professionals.

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Remote Quality Bookkeeping

SEPTEMBER 20, 2023

Identifying and keeping qualified employees to handle Dothan Brace Shop’s accounting and bookkeeping needs had increasingly become a challenge, and in 2007, Smitherman turned to Mark Kilduff, who launched Remote Quality Bookkeeping in 2000 just outside of Boston. But the positives go much deeper.

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5 Minute Bookkeeping

DECEMBER 2, 2021

Is not knowing how to charge for bookkeeping services holding you back? I know that for many virtual bookkeepers, the problem isn’t the technical know-how, the problem is being able to confidently price their services. Another aspect to take into account for a new client is the scope of work and desired outcome.

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Remote Quality Bookkeeping

JANUARY 8, 2024

How to Create an Effective Profit and Loss Statement Creating an effective P&L statement requires investing some time and effort, and many business owners would benefit from consulting with an accounting professional. The post How to Create an Efficient Profit and Loss Statement appeared first on Remote Quality Bookkeeping.

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Cloud Accounting Podcast

APRIL 7, 2019

11:06 -- Here’s what accountants and bookkeepers can learn from taxi companies evolving to compete with Uber (as the profession will likely have to evolve to compete with integrated software + services competitors such as QuickBooks Live). 35:44 -- This guy is why accountants on Twitch totally needs to be a thing.

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5 Minute Bookkeeping

JULY 10, 2023

You can access the training by signing up for a free QuickBooks online accountant account. When I started my accounting business, I realized that most business owners I met were not talking about their bookkeeping or their accounting. I wasn’t competing with other bookkeepers and accountants, either.

QuickBooks 52

QuickBooks Bookkeeping Virtual Bookkeeping Accounting 52

Stephanie Peterson

SEPTEMBER 9, 2021

Accounting & Bookkeeping Services by Superior Virtual Bookkeeping LLC I am an Advanced Certified QuickBooks ProAdvisor and specialize in working with clients who have QuickBooks Online, QuickBooks Desktop (PC & Mac), QuickBooks Enterprise, and QuickBooks Premier.

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